Filed October 18, 2004
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
HUNTINGTON NATIONAL BANK2 years Service code 27 · EIN 31-1316299 | Advisory (Plan) | $20,850 |
Service code 64 · EIN 04-2647786 | Recordkeeping Fees | $15,080 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $35,619 | $46,292-23.1% | $143,757-75.2% | $64,808-45.0% |
| Participation rate | 39.9% | 64.2%-24.3pp | 80.3%-40.4pp | 71.5%-31.5pp |
| Annual return | -16.02% | -10.05%-6.0pp | -0.04%-16.0pp | 32.82%-48.8pp |
| Employer contribution / active EE | $642 | $1,910-66.4% | $4,951-87.0% | $2,506-74.4% |
| Participant deferral / active EE | $956 | $2,646-63.9% | $5,637-83.0% | $4,310-77.8% |
| Admin fee / account holder | $265 | $154+72.0% | $14,673-98.2% | $188+40.9% |